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we only have less than a month before the so-called fiscal cliff and house speaker boehner said congressional republicans are "nowhere in talks with the white house." they are trying. good morning. i'm jamie colby. great to have you here. welcome to america's news headquarters. >> eric: i'm eric shawn. good morning. in an exclusive interview with "fox news sunday," speaker boehner says negotiations are at a standstill. this is as treasury secretary tim geithner says the president is ready for what he calls difficult concessions. mr. boehner says he was flabbergasted at the white house stance on what they say needs to be done. peter doocy has details this morning on the latest developments from washington. good morning, peter. >> good morning, eric. spieger boehner said negotiations are nowhere, period and he called treasury secretary tim geithner's presentation of the white house proposal to avoid the fiscal cliff earlier in week "nonserious." >> i was flabbergasted. i lookedded a him like you can't be serious. i've just never seen anything like it. you know we have seven weeks between electi
we only have less than a month before the so-called fiscal cliff and house speaker boehner said congressional republicans are "nowhere in talks with the white house." they are trying. good morning. i'm jamie colby. great to have you here. welcome to america's news headquarters. >> eric: i'm eric shawn. good morning. in an exclusive interview with "fox news sunday," speaker boehner says negotiations are at a standstill. this is as treasury secretary tim geithner says...
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Dec 6, 2012
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in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the president gets a deal on rates, republicans are going to be less inclined to go along with some of the other things, like extended unemployment insurance and some sort of extension perhaps in different form of the payroll tax cut. but also to avoid the sequestration, the congress has got to find some way to have cuts in the interim. if they kick the can down the road they have to have month by month cuts. the farm bill, talking $10 billion a month to in effect buy off the sequestration while they negotiate, the farm bill if you take the senate bill, $23 billion in subsidies cut overall, $4 billion as mentioned fro
in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the...
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Dec 3, 2012
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to the republican proposal this afternoon on the fiscal cliff negotiations. what has the white house reaction been? >> reporter: as you know, the republican plan calls for about $800 billion in new tax revenues by basically reforming the tax code but it doesn't cover increasing taxes on the wealthiest americans and that is something that president obama says must be included in any plan, so white house communications director dan pfeifer just released this statement. i'm just getting it. quaet quote, the republican letter does not meet the test for balance. it sticks the middle class with the bill. their plan includes nothing new and provides no details on which deductions they would eliminate. independent analysts who have looked at plans like this one have concluded middle class taxes will have to go up to pay for lower rates for millionaires and billionaires. while the president is willing to compromise to get a significant balanced deal and believes compromise is available, he's not willing to compromise on the principles of fairness and balance that incl
to the republican proposal this afternoon on the fiscal cliff negotiations. what has the white house reaction been? >> reporter: as you know, the republican plan calls for about $800 billion in new tax revenues by basically reforming the tax code but it doesn't cover increasing taxes on the wealthiest americans and that is something that president obama says must be included in any plan, so white house communications director dan pfeifer just released this statement. i'm just getting it....
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paul ryan will take place in the fiscal cliff meeting today with treasury tim geithner and house speaker john boehner. >> it may be your favorite spot for lounging around but your couch could be killing you. 85 percent of all couches in the united states contain potentially toxic chemicals according to a study published by the journal of environmental science and technology. most are treated with chemicals that are supposed to prevent fire. many of the chemicals have been banned because they can cause cancer among other problems. >> that is scary. the words husband and wife getting axed from marriage certificates in washington. they will likely be replaced with more gender neutral terms spouse a and spouse b. the same-sex marriage law takes effect december 6th. >> the video you have to see a zebra and tony captured on cell phone video running wild through the streets of staten island, new york. it happened during a busy morning commute. >>> it's a zebra. it's staten island running past me. it came towards me. i tried to stop him so it didn't run into the street. it didn't stop. they were
paul ryan will take place in the fiscal cliff meeting today with treasury tim geithner and house speaker john boehner. >> it may be your favorite spot for lounging around but your couch could be killing you. 85 percent of all couches in the united states contain potentially toxic chemicals according to a study published by the journal of environmental science and technology. most are treated with chemicals that are supposed to prevent fire. many of the chemicals have been banned because...
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the entire house republican leadership signed on to the so-called fiscal cliff proposal letter. they're not serious about negotiating. i don't know the right wing and the tea party of who the republican party is nowadays but it's impossible to have a deal with one side refuses to compromise even after losing. they will not accept their own defeat. >> right. >> and that is the problem. >> a.b. let's play what congressman walter jones had to say on this boehner purge. i have the full screen of what he had to say when several members were removed as identified not being team players. he says, i was surprised but i won't sacrifice my integrity for anyone or any party. my integrity is what will get me in to heaven and i will vote my integrity. again, going back to the position of speaker boehner, pointing out what keith has said about what the american people indicated in their discussion, there could not have been a clearer difference between mitt romney and the president on this issue as noted a thousand times but hearing a congress saying my integrity means more to my party and he
the entire house republican leadership signed on to the so-called fiscal cliff proposal letter. they're not serious about negotiating. i don't know the right wing and the tea party of who the republican party is nowadays but it's impossible to have a deal with one side refuses to compromise even after losing. they will not accept their own defeat. >> right. >> and that is the problem. >> a.b. let's play what congressman walter jones had to say on this boehner purge. i have the...
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he says there is 2/3 chance they will go off the fiscal cliff. that is not what the markets want to hear, jon. jon: not at all. ed henry at the white house. if jay carney relents and let you into the meeting give us a shot. we'll be on air. >> reporter: i will give you a copy of the menu. jon: please do, thanks. jenna: we'll forget about politicians just for a moment. i promise we'll return there surely over the next couple hours. let's talk about some renewed private sector pushing to really slash the federal budget. a group called citizens against government waste is calling for nearly $2 trillion in cuts the next five years. doug mckelway is live with the story. doug, how realistic is that goal? >> reporter: how realistic is the goal? not realistic at all. let's be honest about this. at least it is a benchmark we can strive for. citizens against government waste went through the federal budget, they identified $392 billion in cuts. $1.8 trillion in cuts over next five years. which totals 11% of the federal budget, none which touches the most c
he says there is 2/3 chance they will go off the fiscal cliff. that is not what the markets want to hear, jon. jon: not at all. ed henry at the white house. if jay carney relents and let you into the meeting give us a shot. we'll be on air. >> reporter: i will give you a copy of the menu. jon: please do, thanks. jenna: we'll forget about politicians just for a moment. i promise we'll return there surely over the next couple hours. let's talk about some renewed private sector pushing to...
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Dec 1, 2012
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some very insightful reporting. >>> 31 days out to the fiscal cliff. we will go live to see what the president is saying to house leaders and whether that will keep us any further away from the edge. >>> also, how did the president capture the latino vote? was it as simple as embracing immigration reform or was it something else? we'll talk about that, as well. you're watching msnbc, the place for politics. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills.
some very insightful reporting. >>> 31 days out to the fiscal cliff. we will go live to see what the president is saying to house leaders and whether that will keep us any further away from the edge. >>> also, how did the president capture the latino vote? was it as simple as embracing immigration reform or was it something else? we'll talk about that, as well. you're watching msnbc, the place for politics. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain...
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>> as you well know, the fiscal cliff we're talking about has all kinds of components to it. it's the estate tax death tax, capital gains, dividend, alternative minimum tax, all the things that will harm a vast majority of americans from a tax standpoint in a significant and fundamental way. we believe those rates ought no increase. the president is willing to play politics and take us to the brink of raising those tax rates on virtually every single american. that's not what we believe is the kind of activity will get our economy and jobs rolling again. >> the white house will argue they're not the ones holds out to protect the top 2%, that it's the republicans doing that. >> great point, chris, the problem is what the president is holding out for is a nonsolution. the tax increases that the president wants on the top 2% will run this government not for eight years or eight weeks or eight weeks but run this government for eight days, which means it's not a solution. the president is not interested in real policy solutions by evidenced by what he has proposed, he's interested
>> as you well know, the fiscal cliff we're talking about has all kinds of components to it. it's the estate tax death tax, capital gains, dividend, alternative minimum tax, all the things that will harm a vast majority of americans from a tax standpoint in a significant and fundamental way. we believe those rates ought no increase. the president is willing to play politics and take us to the brink of raising those tax rates on virtually every single american. that's not what we believe...
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the white house fiscal cliff package. the white house's proposal to avoid the big tax hikes and spending cuts that are going to happen in january, unless something is done. that proposal has come under heavy criticism from republicans who say wasn't serious. how speaker john boehner said he was flabbergasted. mitch mcconnell reportedly laughed out loud and in this debate over reducing the debt, the president is pushing for an additional $255 billion in spending. he wants those higher taxes to spend more, which is leading to some criticism. joining me now is brad blakeman, the former deputy to george w. bush. and chairman of the south carolina democratic party. a deal that is all about the republicans desire to cut back on the debt and deficit -- why would the president be proposing $255 billion in war spending? >> well, he's not. what he is proposing is shifting spending priorities. after those cuts, shifting priorities, and by the way -- this is infrastructure development. this is to make sure that people who have gone t
the white house fiscal cliff package. the white house's proposal to avoid the big tax hikes and spending cuts that are going to happen in january, unless something is done. that proposal has come under heavy criticism from republicans who say wasn't serious. how speaker john boehner said he was flabbergasted. mitch mcconnell reportedly laughed out loud and in this debate over reducing the debt, the president is pushing for an additional $255 billion in spending. he wants those higher taxes to...
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and as you know, this isn't one fiscal cliff. this is six or seven different things that can be taken on one at a time. the middle class and the working class can be protected. the only thing preventing that from happening is the house leadership. and that's a tough situation for the republicans to be in, where they either have to show their true priority, which is to hold the middle class hostage, or take this piece away and be forced to show what they're really standing for. >> but if you look at the fish bowl the republicans are swimming in right now, there are a lot of sharks. you've got mitch mcconnell, who's running for re-election. you've got eric cantor, looking over speaker boehner's shoulder. he'd love to have that job. i mean, how can you get an honest broker out of the republican camp, when all of this stuff is swimming around? you've got the hard right-wing tea partyers out there. you've got mcconnell looking at possibly being in a real tough re-election. and as i said, you know, boehner, is he protecting his backsid
and as you know, this isn't one fiscal cliff. this is six or seven different things that can be taken on one at a time. the middle class and the working class can be protected. the only thing preventing that from happening is the house leadership. and that's a tough situation for the republicans to be in, where they either have to show their true priority, which is to hold the middle class hostage, or take this piece away and be forced to show what they're really standing for. >> but if...
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legislative days before going off a cliff. >> the political theater over the fiscal cliff. >> mr. obama sends his chief negotiator. >> treasury secretary tim geithner. >> who was on capitol hill right now. >> reaching out to capitol hill. >> the push is on to get a deal. >> no substantive progress has been made in the talks. >> literally no progress. >> bad news, bad news, bad news. >> this is the moment of posturing. >> a lot of posturing. >> until we hear good news. >> the framework of the deal is beginning to emerge. >> i'll do whatever it takes to get this done. >> we have a debt crisis. >> i'll do anywhere and do whatever it takes. >> all eyes on the white house. >> they're going to get right up to cliff on new year's eve. we're all going to be hugging cliff. >> it's like when a fish show starts. the crowd -- >> i hope nobody catches that reference. >> all eyes on the white house. >> together again. >> what's his name? >> table for two. >> don't help me, don't help me. >> mr. romney goes to washington. >> mitt romney makes his way to the white house. >> the political power lu
legislative days before going off a cliff. >> the political theater over the fiscal cliff. >> mr. obama sends his chief negotiator. >> treasury secretary tim geithner. >> who was on capitol hill right now. >> reaching out to capitol hill. >> the push is on to get a deal. >> no substantive progress has been made in the talks. >> literally no progress. >> bad news, bad news, bad news. >> this is the moment of posturing. >> a lot of...
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from republicans, the dreaded fiscal cliff can be resolved. songman john yarmouth is a democrat from kentucky, the same state that mr. mcconnell, the senate minority leader, represents. good afternoon, sir. exactly what will it take to get republicans to play ball on this? do you have any idea, sir? you're there. what do they want? >> obviously it keeps changing. what's really clear right now is that they're trying to throw in all sorts of ancillary issues in this fiscal cliff debate and they have nothing to do with it. medicare, medicaid, social security, don't have anything to do with the fiscal cliff and neither does the debt ceiling. this is strictly a matter of statutory provisions that go into effect on january 1st, but they want to burden up this and muddy the water to basically, i think, to refuse to do a deal. >> right. because over in the senate, as i was saying, mitch mcconnell is refusing to even consider the president's proposal to maintain the bush tax cuts for those earning less than $250,000 a year, but to raise taxes on those
from republicans, the dreaded fiscal cliff can be resolved. songman john yarmouth is a democrat from kentucky, the same state that mr. mcconnell, the senate minority leader, represents. good afternoon, sir. exactly what will it take to get republicans to play ball on this? do you have any idea, sir? you're there. what do they want? >> obviously it keeps changing. what's really clear right now is that they're trying to throw in all sorts of ancillary issues in this fiscal cliff debate and...
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about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust. >> president obama did win the election. >> me thinks somebody made him king. >> no. i don't think that's right. >> he doesn't see where he stands in the universe. >> i would say we're nowhere. >> are we that far apart? >> both sides want a deal. >> a matter of math. >> try to stay away from hypotheticals. >> it won't pass. >> discussions about unicorns. >> unicorns. >> they're imaginary beasts. >> magic beans. >> magic math. >> an enchanted universe. >> outrageous. >> the whole thing is going wacky. >> i would say we're nowhere. >> i don't envy the position the speaker is in. >> we're nowhere. ? you just might feel under attack. >> john boeh
about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust....
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to avoid a fiscal cliff. cnbc's becky quick is here. what has more impact? the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been october of 2011 was the last time it happened. it's definitely the fiscal cliff driving things. we heard commentary from lloyd blankfein, between that and the lead story -- one of the top stories on the front page of the "wall street journal" suggesting the president is flexible on the tax hikes, that sounds like a deal might get done. you see a gain of 50 or 60 points. gdp up 2.7% from 2%. there was concerning things when you dig into the numbers, it's all fiscal cliff all the time here, chuck. >> oh, hopefully, as you guys sa
to avoid a fiscal cliff. cnbc's becky quick is here. what has more impact? the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been...
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cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people -- or 47% who voted for romney. i do care about you guys, right? that's cool. >>> up next, what women stand to lose in the fiscal fiasco. now president terry o'neill is in the guest spot. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action
cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people -- or 47% who voted for romney. i do care about you guys, right? that's cool. >>> up next, what women...
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they are understanding it as we get closer to the fiscal cliff. >> it says a signal to people that the senate passed tax cuts for 98% of americans but they won't do it in the house. that was before the election. and i just holding the ground is going to be important, no question about that. i get a sense the democrats are unified. but going over the cliff, that affects the constituents big time. correct? >> how do you hold that together? >> there's unanimity that july 25th, we passed tax cuts for the 98% to continue this tax policy that they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep saying no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect elizabeth warren, a champion of financial reform, will get a spot on the banki
they are understanding it as we get closer to the fiscal cliff. >> it says a signal to people that the senate passed tax cuts for 98% of americans but they won't do it in the house. that was before the election. and i just holding the ground is going to be important, no question about that. i get a sense the democrats are unified. but going over the cliff, that affects the constituents big time. correct? >> how do you hold that together? >> there's unanimity that july 25th, we...
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it will feel like we're flying. >> with 26 days to go until america goes off the fiscal curb, the house of representatives chose to end their congressional business for the week today to enjoy a long weekend at home, but john boehner stayed behind and spoke by phone this afternoon to president obama. it was their first conversation in a week. also, this afternoon treasury secretary tim geithner said this on cnbc. >> when it comes to raising taxes on the wealthy, those making more than $250,000, if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve the rates going up on the top 2%. >> "the new york times" reports that senior republican leadership aides are contemplating a fall-back position on a fiscal deal. they could foresee taking up and passing legislation this month to extend the tax cuts for the middle class and then resume the bitter fight over spending and taxes as the nation approaches the next hard deadline. it's statutory borrowingç limi which could be re
it will feel like we're flying. >> with 26 days to go until america goes off the fiscal curb, the house of representatives chose to end their congressional business for the week today to enjoy a long weekend at home, but john boehner stayed behind and spoke by phone this afternoon to president obama. it was their first conversation in a week. also, this afternoon treasury secretary tim geithner said this on cnbc. >> when it comes to raising taxes on the wealthy, those making more...
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. ♪ >> it certainly 'tis the season and whether you're counting the days to the fiscal cliff, the debt ceiling, christmas day, or judgment day, there's much to do and not much time to do it. as for us, we're counting down the minutes to house speaker john boehner who will be lighting the capitol christmas tree 234 just about an hour. if you're among the wealthiest of americans, then, boy, does boehner have a gift wrapped for you. in republicans' counteroffer to avert the fiscal cliff, the rich get to keep their bush era tax cuts, even as the boehner budget slashes $1.2 trillion in spending, half of it from medicare, medicaid, and other social programs. it is a lump of coal delivered by the republican reindeer to the vast majority of americans. as for new revenues, they have reached in santa's sack for that old favorite. they plan to raise $800 billion by closing loopholes and deductions. only one problem a problem that flummoxes no less than mitt romney and paul ryan throughout the campaign, a problem as real today as it will be tomorrow -- the math. as the president explained in his f
. ♪ >> it certainly 'tis the season and whether you're counting the days to the fiscal cliff, the debt ceiling, christmas day, or judgment day, there's much to do and not much time to do it. as for us, we're counting down the minutes to house speaker john boehner who will be lighting the capitol christmas tree 234 just about an hour. if you're among the wealthiest of americans, then, boy, does boehner have a gift wrapped for you. in republicans' counteroffer to avert the fiscal cliff,...
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following the latest on the fiscal cliff fiasco. congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans have found their stab in the back. it was the minorities what done them in. that's what he wrote. we'll ask him about it. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car repla
following the latest on the fiscal cliff fiasco. congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans...
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john boehner, the speaker of the house is speaking out now about the fiscal cliff, let's listen in. >> the bigger problem here, which is our national deficit and our national debt. this debt doesn't exist because we don't tax small businesses enough, it exists because washington continues to spend too much. and raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong. it's only going to make it harder for our economy to grow. and if our economy doesn't grow, americans don't get new jobs. and the debt problem that we have will continue to threaten our children's future. as i said the day after the election, republicans are not seeking to impose our will on the president. we're seeking a bipartisan solution that can pass both chambers of congress and be signed into law by the president in the coming days. now, during the campaign the president pledged to the american people that he would seek a balanced approach to addressing the debt, a combination of new revenues and spending cuts. so the day after the election i said the republican majo
john boehner, the speaker of the house is speaking out now about the fiscal cliff, let's listen in. >> the bigger problem here, which is our national deficit and our national debt. this debt doesn't exist because we don't tax small businesses enough, it exists because washington continues to spend too much. and raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong. it's only going to make it harder for our economy to grow. and if our...
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the fiscal cliff, a bipartisan group of governors arrives in washington for a meeting. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan, but rather to point out, as gary mentioned, as governors, we think it's important that we have a seat at the table. >> flash point serious, secretary clinton in brussels where nato leaders are sending patriot anti-defense missiles to turkey and warning syria of any thought of using chemical weapons. prince william leaves the hospital after visiting kate. she remains hospitalized for severe morning sickness. good day. i'm amount li-- andrea mitchell live in washington. the senate has managed to vote on something, rejected a u.n. treaty to extend rights to the blind and disabled, rights that have been the law of the land here in the united states since 1990. despite an emotional appearance from bob dole just out of walter reed, 89 years old, a passionate advocate for equal rights for the disabled since his first speech on the senate floor in 1969. joining me for our daily fix, kra, managing editor of post politics.
the fiscal cliff, a bipartisan group of governors arrives in washington for a meeting. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan, but rather to point out, as gary mentioned, as governors, we think it's important that we have a seat at the table. >> flash point serious, secretary clinton in brussels where nato leaders are sending patriot anti-defense missiles to turkey and warning syria of any thought of using chemical weapons. prince...
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." >>> another day of fiscal cliff drama. stocks reversed early gains and fell shortly after house speaker john boehner dashed hopes that lawmakers were getting closer to agreeing on a year-end budget deal. but all three major markets did bounce back by the afternoon. >>> economic data was positive thursday, but we'll see what impact there is today from grim news out of europe. eurozone unemployment has hit another record high at 11.7% in october. >>> the number of retailers posted poor sales hammered by superstorm sandy's impact on the northeast. >>> a bankruptcy judge has given hostess final clearance to start selling off assets and approved $1.8 million in bonuses for company executives. >>> verizon wireless tops this year's "consumer reports" ranking of major carriers. it was at&t that came in last behind sprint and t-mobile, except among 4g users where it was the best. >>> and where is the best country to be born in 2013? well, when factoring in life expectancy, divorce rates and rainfall, it's switzerland, according to
." >>> another day of fiscal cliff drama. stocks reversed early gains and fell shortly after house speaker john boehner dashed hopes that lawmakers were getting closer to agreeing on a year-end budget deal. but all three major markets did bounce back by the afternoon. >>> economic data was positive thursday, but we'll see what impact there is today from grim news out of europe. eurozone unemployment has hit another record high at 11.7% in october. >>> the number...
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cliff. the president is john boehner are facing off for what couldçe a down to the wire nail-biter of a fiscal fight. indeed, the stakes are so high, the pressure so intense, that the house is calling it quits for the week. giving themselves another much deserved break. of course, not before demanding action from the president. >> where are the specifics? where are the discussions? nothing is going on, so we asked the president, sit down with us. >> i'll be here, i'll be available at any moment to sit down with the president to get serious about solving this problem. >> of course the speaker had to clarify that since the house is not back in session till tuesday. leaving just three days on the legislative calendar to get a deal. don't work too hard, guys. the president began his day meeting with business leaders a suring them he passionately roots for their success. even as he broke the news face to face that their taxes are going up. >>. >> let's allow higher rates to go up for the top 2%
cliff. the president is john boehner are facing off for what couldçe a down to the wire nail-biter of a fiscal fight. indeed, the stakes are so high, the pressure so intense, that the house is calling it quits for the week. giving themselves another much deserved break. of course, not before demanding action from the president. >> where are the specifics? where are the discussions? nothing is going on, so we asked the president, sit down with us. >> i'll be here, i'll be available...
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six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on youtube and twitter explaining why he thinks the rich should pay more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more people off unemployment. >> reporter: for the jobless, president obama is asking congress for million
six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy....
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at the president and his popular proposal for handling the fiscal cliff. we're joined by nbc's luke russert. luke, help me now because i just want you to answer this question. did anyone in this country vote for the ryan budget on november the 6th? >> reporter: well, people voted for the ryan budget, that side lost though, martin, as you saw. what's interesting is house republicans are saying they want a more serious offer, but the big story here aside from the republicans rejecting the democrats' first offer, is the republicans are really trying to push the 2011 language about the so-called almost agreement between john boehner and president obama. it's that language that had more cuts to entitlements, more language where revenue was capped at $800 billion. they're trying to say let's go back to the 2011 agreement -- >> but there's been a presidential election. >> reporter: and that point has essentially up to right now been lost. they're negotiating from the 2011 position because they think that puts them in the best position to get as much as they can i
at the president and his popular proposal for handling the fiscal cliff. we're joined by nbc's luke russert. luke, help me now because i just want you to answer this question. did anyone in this country vote for the ryan budget on november the 6th? >> reporter: well, people voted for the ryan budget, that side lost though, martin, as you saw. what's interesting is house republicans are saying they want a more serious offer, but the big story here aside from the republicans rejecting the...
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and the fallout from the fiscal cliff could put even more pressure on unemployed americans, or those just trying to keep up with house payments. except more ups and downs for your investments ahead, but not so much because of big numbers out this week, among them, an important reading on manufacturing tomorrow, and then, what is often the biggest market mover of any month, the jobs report. november's release before the bell on friday. the cliff will likely overshadow even that. and with tax increases looming on capital gains and dividends, investors may start selling before the end of the year to get the better deal if there is no deal. that means, december may not live up to its history of heading higher and leave many questions about what the new year will mean for your bottom line. harris, back to you. >> brenda, thank you very much. >> and a fox news weather alert. people in parts of northern california and the pacific northwest dealing with dangerous amounts of rain. las of storms batthering the same region for days now, causing flooding. well, look at this. and raising fears no
and the fallout from the fiscal cliff could put even more pressure on unemployed americans, or those just trying to keep up with house payments. except more ups and downs for your investments ahead, but not so much because of big numbers out this week, among them, an important reading on manufacturing tomorrow, and then, what is often the biggest market mover of any month, the jobs report. november's release before the bell on friday. the cliff will likely overshadow even that. and with tax...
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the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a propos
the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this...
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so that will put him front and center in the fiscal cliff debate. also earns him a meeting today with the current treasury secretary, tim geithner. cnn's kate ballolduan on capito hill, day 33, eek, 33 days, tim geithner kicking into this process. we would assume possibly pushing into high gear or more of a photo op or a little bit of both? >> reporter: it remains to be seen. i hate having to say that for our viewers, but we're waiting to hear exactly what comes out of these meetings. important, nonetheless, because these are face-to-face meetings with principle players, timothy guide next the treasury secretary, tapped by the president to be the point person to spearhead the negotiations with congress over these fiscal cliff negotiations. we had had a brief shot of him arriving this morning as he was coming into the capitol. he's being joined by rob neighbors, the white house liaison to congress. he's a man that has long standing relationships with folks on capitol hill. series of meetings, all individual meetings, senator reid, told by my colleagu
so that will put him front and center in the fiscal cliff debate. also earns him a meeting today with the current treasury secretary, tim geithner. cnn's kate ballolduan on capito hill, day 33, eek, 33 days, tim geithner kicking into this process. we would assume possibly pushing into high gear or more of a photo op or a little bit of both? >> reporter: it remains to be seen. i hate having to say that for our viewers, but we're waiting to hear exactly what comes out of these meetings....
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i think you'll see something a lot different in the fiscal cliff negotiations from the white house than you saw in say the government shut down negotiations a year ago. you are going to see a much more campaigning, much more campaign-like president obama in the next month. jon: you know, some sort of even partial -- neutral observers are saying that the obama campaign won in part because they did a much better job of harnessing the power of social media in this election and driving their voters to the polls. if that succeeded for them in the election, can they do it when it comes to governing? can they make the country, you know, embrace tax increases, for instance. >> yeah it's a huge question. i think there are folks who think that it can work the same way. there are a lot of others who really question whether or not those sorts of tactics, and, you know, the list and voter contacts that ofa built in a campaign context, do they work on capitol hill and governing. there are some doubts there but i don't think there is any doubt that the white house has chosen this course and we are goi
i think you'll see something a lot different in the fiscal cliff negotiations from the white house than you saw in say the government shut down negotiations a year ago. you are going to see a much more campaigning, much more campaign-like president obama in the next month. jon: you know, some sort of even partial -- neutral observers are saying that the obama campaign won in part because they did a much better job of harnessing the power of social media in this election and driving their voters...
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he was going to talk a little bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the economy. liz, can you place it in context about where our economy is right now. >> reporter: the president just now was placing it in the -- the economy in the broader context of what is going on in the world, mentioning asia, mentioning europe, and then he turned to what was the most important part of the speech, he started to speak and that is what is holding us back ironically is stuff that is going on in this town, and he also, the president also said, no one wants to get a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignit
he was going to talk a little bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the...
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fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depot
fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking...
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confident the country is not going to go off the fiscal cliff, yesterday budget expert erskine bowles, he wrote part of bowles-simpson two years ago, didn't seem so sure as he and a group of ceo's met with house republicans. what went on inside the meetings? >> steve: the president and ceo of airlines for america attended the discussions. so i know that they don't want to you spill all the beans, but basically you can tell us the tenor of the meetings? >> the tenor was very good. group of ceo's have come together to try to provide cover to members who will vote for solution that includes a balanced approach to deficit reduction over the long-term. >> steve: you mean when you say cover and balanced approach, you're talking about republican members who might vote to increase taxes? >> republican and democratic members both. not to increase taxes. well, there will be more revenues on the table, there is no question about it. but there are two other legs to the stool that are key to getting any deal because they won't pass the house and the senate in the end unless you get structural enti
confident the country is not going to go off the fiscal cliff, yesterday budget expert erskine bowles, he wrote part of bowles-simpson two years ago, didn't seem so sure as he and a group of ceo's met with house republicans. what went on inside the meetings? >> steve: the president and ceo of airlines for america attended the discussions. so i know that they don't want to you spill all the beans, but basically you can tell us the tenor of the meetings? >> the tenor was very good....
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cliff a lot of investment houses are lowering their growth outlook. that is because the owners of small businesses, they are the drivers of the economy. they hire. right now, one out of five cut jobs in the next 12 months. one out of three is cutting capital spending. if there is no jobs we don't have consumer spending that is 70% of g.d.p., so this is really steam rolling. it is frightening. >> gregg: i was reading economists and they say household purchases, wages in salary going down, durable goods decreasing now we have manufacturing coming out on monday as well as jobs report on thursday or friday? >> yeah, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the nex
cliff a lot of investment houses are lowering their growth outlook. that is because the owners of small businesses, they are the drivers of the economy. they hire. right now, one out of five cut jobs in the next 12 months. one out of three is cutting capital spending. if there is no jobs we don't have consumer spending that is 70% of g.d.p., so this is really steam rolling. it is frightening. >> gregg: i was reading economists and they say household purchases, wages in salary going down,...
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house speaker john boehner and the latest update on negotiations or lack thereof on the fiscal cliff. let's go to this right now. moments ago on the hill. hear is the speaker. >> morning, everyone. this week we made a good faith offer to avert the fiscal crisis and, that offer included significant spending cuts and reforms, and it included additional revenue and frankly it was the balanced approach that the president's been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on. and it's exactly how we approached our discussions in the biden group. my discussions at the white house a year and a half ago. and for that matter, in the joint select commit teach. and if the president doesn't agree with our proposal and our outline i think he has an obligation to send one to the congress and a plan that can pass both chambers of commerce. if you looked at the plans the white house talked about thus far, they couldn't pass either house of the congress. we're ready and eager to talk
house speaker john boehner and the latest update on negotiations or lack thereof on the fiscal cliff. let's go to this right now. moments ago on the hill. hear is the speaker. >> morning, everyone. this week we made a good faith offer to avert the fiscal crisis and, that offer included significant spending cuts and reforms, and it included additional revenue and frankly it was the balanced approach that the president's been asking for. now we need a response from the white house. we can't...
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with the white house and congress on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off y
with the white house and congress on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and...
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democratic caller in new york, what the make of the house gop. don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of such a tax. it would be a flat tax. as far as social security is concerned, i do not hear anything about the amount being raised. i think it is $110 and they could easily raise that and raise money there. -- i think it is $110,000. everyone under the wealth accumulation tax would pay that during their lifetime. i just wanted to throw that out as a possibility. host: and other baubles from the york. -- another bob. caller: and is wondering why the rich cannot pay their fair share. i live in upstate new york. the toll is at $10 and because i do not have some kind of sticker on my
democratic caller in new york, what the make of the house gop. don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of...
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shoots down the republican's offer to avoid the fiscal cliff. is he really looking to compromise or is it the president's favorite deal no deal at all? laura ingraham weighs in live from washington in moments. >> brian: the dare program teaches kids about the dangers of drugs, won't talk about pot anymore. the reason? kids will smoke it anyway. they're giving up. really? really? "fox & friends" starts now. >> steve: that is something that they're scratching pot off the list. >> brian: it's legal now in some states and people are making believe they have illnesses so they can smoke it and buy it with prescriptions. >> gretchen: you don't have to make anything up. you can say you have a headache. >> brian: in colorado? can you write a -- you can't, but could dr. siegle? >> steve: for medical marijuana. >> brian: in new york? >> steve: i bet he could if if were legal here. >> gretchen: he was going to sew up your coat and so much more earlier today. >> brian: i don't need a surgeon necessarily. >> gretchen: let's get to your headlines. fox news ale
shoots down the republican's offer to avoid the fiscal cliff. is he really looking to compromise or is it the president's favorite deal no deal at all? laura ingraham weighs in live from washington in moments. >> brian: the dare program teaches kids about the dangers of drugs, won't talk about pot anymore. the reason? kids will smoke it anyway. they're giving up. really? really? "fox & friends" starts now. >> steve: that is something that they're scratching pot off the...
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he tweeted "the house will not adjourn the 112th congress until a credible solution to the fiscal cliff has been announced." the house will not adjourn. not! but don't worry, he will be on to the next stage soon enough. it is kind of ironic, since, of course they adjourned today until next week. this is a wednesday. but anyway, that's bargaining is the next stage. and of course bargaining means that you hope to be able to compromise. you hope to be able to avoid the inevitable. the poster boy for this one is oklahoma senator tom coburn who said today that he would rather see tax rates go up than close loopholes because then he thinks he can get tax reform passed in the future. a little bit of wishful thinking. >> i know we have to raise revenue. i don't really care which way we do it. actually, i would rather see the rates go up than do it the other way because it gives us greater chance to reform the tax code and broaden the base in the future. >> jennifer: so he's not giving in. he's just bargaining now to see what he can get later. and then we've got the fourth stage which is depress
he tweeted "the house will not adjourn the 112th congress until a credible solution to the fiscal cliff has been announced." the house will not adjourn. not! but don't worry, he will be on to the next stage soon enough. it is kind of ironic, since, of course they adjourned today until next week. this is a wednesday. but anyway, that's bargaining is the next stage. and of course bargaining means that you hope to be able to compromise. you hope to be able to avoid the inevitable. the...
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>> i would say this, this fiscal inclusiver cliff, you have to use the weakness to buy. you're not chasing the strength. housing for sure, but i would also say go to where the companies reported in the third quarter, where did they deliver in the face of all this? who beat? >> where were they? >> starbucks, facebook, amazon, emare son electric, so there are several good companies doing goodening in the face of this. i'm not that crazy about special dividends. i would much rather see them invest in their business. >> so the techie companies, they're not going to do one-time dividends. what you're saying is don't chase that. >> yeah, you don't buy a stock because they're going to do the special dividends. >> would you by trying -- you mention emerson electric. >> we own that stock. we own caterpillar. we do own in eaton corp, they bought cooper, which is all about the grid. they just bought something they'll have 60% of their risens tied in new york america, where the growth is. >> so you're a bull. >> no i'm very selective on where i'm buying. i'm not naive to say the mar
>> i would say this, this fiscal inclusiver cliff, you have to use the weakness to buy. you're not chasing the strength. housing for sure, but i would also say go to where the companies reported in the third quarter, where did they deliver in the face of all this? who beat? >> where were they? >> starbucks, facebook, amazon, emare son electric, so there are several good companies doing goodening in the face of this. i'm not that crazy about special dividends. i would much...
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today, republicans say the white house plan to avoid the fiscal cliff is a thelma and louise theory. >> we're trying to get these guys to come together and reach an agreement that's going to be good for the country and for the economy. >> then what now? with democratic senator mark warner and kelli ayote. benghazi and obama's second term. with montana governor brian schweitzer, and former hewlett-packard ceo carly fiorina. and susan page of usa today. i am candy crowley. and this is "state of the union." republicans call the fiscal cliff plan a joke, an insult and break from reality. suffice it to say, it is unacceptable to them. the president's opening round offer includes $1.6 trillion in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, that's actually greater than the amount they're willing to cut. i mean, it's -- it was not a serious proposal. >> while his aid
today, republicans say the white house plan to avoid the fiscal cliff is a thelma and louise theory. >> we're trying to get these guys to come together and reach an agreement that's going to be good for the country and for the economy. >> then what now? with democratic senator mark warner and kelli ayote. benghazi and obama's second term. with montana governor brian schweitzer, and former hewlett-packard ceo carly fiorina. and susan page of usa today. i am candy crowley. and this is...
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cliff. > >> i said you can't be serious. we have 7 weeks went election and the end of the year and three those weeks have been wasted. bill: flabbergasted, rich. wasting time. three weeks gone by. >> well, yeah, i think this offer speaks more to a desire on the part of the white house to break and humiliate republicans than it does to have a serious negotiation. on the other hand way these things work. you can pretty much go to sleep until right at the end, then it's days before it's goark yaitd. but it wouldn't surprise me if we do go over the cliff. they should pass an extension of all these tax cuts, make it clear they want to keep them for everyone including have much for the middle class. john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think ther
cliff. > >> i said you can't be serious. we have 7 weeks went election and the end of the year and three those weeks have been wasted. bill: flabbergasted, rich. wasting time. three weeks gone by. >> well, yeah, i think this offer speaks more to a desire on the part of the white house to break and humiliate republicans than it does to have a serious negotiation. on the other hand way these things work. you can pretty much go to sleep until right at the end, then it's days before...
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on the so-called fiscal cliff. and then remarks from congressman paul ryan and senator marco rubio from the kemp foundation awards dinner. >> this week on the c-span networks, hurricane sandy response and housing issues. wednesday, the fema administrator joins the housing secretary before the senate appropriations committee, to testify about hurricane recovery efforts. live coverage at 10:00 a.m. eastern on c-span 3. on tuesday, he secretary testifies on the federal housing administration and fiscal issues. see that live, starting at 10:00 a.m. eastern, here on c-span. [delaware runyan -- [bell ringing] >> follow harry truman's eldest grandson to hiroshima to mark the dropping of the atomic bomb in 1945. >> everybody has their own view of what happened. i do not want to argue civil rights with anybody in japan about the history. i think we are past that. my whole purpose for being here is to honor the dead, to listen to the living, and to see that this does not happen again. >> in washington, he discusses the inspi
on the so-called fiscal cliff. and then remarks from congressman paul ryan and senator marco rubio from the kemp foundation awards dinner. >> this week on the c-span networks, hurricane sandy response and housing issues. wednesday, the fema administrator joins the housing secretary before the senate appropriations committee, to testify about hurricane recovery efforts. live coverage at 10:00 a.m. eastern on c-span 3. on tuesday, he secretary testifies on the federal housing administration...
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cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway in virginia. >> this is why i want you and chris on. what is the president hoping to get done? what's his time frame? does he believe in the cliff or does he think it's a bungee jump? >> no, he truly believes in the cliff. he has been getting -- and he's getting economic warnings from his own team that say, don't believe the congressional budget office, which is kind of rosy about this, who says it would be a tough 2013 if we went over the cliff but things would get better. he is getting updates saying, no, no, no, we will go into recession. >> therefore, let's g
cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway...